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Condansed financial data of Carla Vista Inc. follow. Carla Vista follows IFRS. Additional information: 1. New equipment costing $96,000 was purchased for cash during the
Condansed financial data of Carla Vista Inc. follow. Carla Vista follows IFRS. Additional information: 1. New equipment costing $96,000 was purchased for cash during the year. 2. Old equipment having an original cost of $55,200 and accumulated depreciation of $46,560 was sold for $1,440 cash. 3. Bonds payable matured and were paid off for cash. 4. A cash dividend of $56,269 was daclared and paid during the year. 5. Common shares were issued for cash. 6. There were no significant noncash trancactions. Prapare a statemant of cash flows using tha indirsct mathod. (Show amounts that decrease cash flow with either a signe g. 15,000 or in parenthesis e.g (15,000)
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